Food - EU-27

EU-27

Revenue in the Food market amounts to US$1,314.00bn in 2025. The market is expected to grow annually by 3.90% (CAGR 2025-2029).
The market's largest segment is the segment Meat with a market volume of US$271.60bn in 2025.
In global comparison, most revenue is generated in China (US$1,736bn in 2025).
In relation to total population figures, per person revenues of US$2,942.00 are generated in 2025.
In the Food market, 4.1% of total revenue will be generated through online sales by 2025.
In the Food market, volume is expected to amount to 290.80bn kg by 2029. The Food market is expected to show a volume growth of 1.7% in 2026.
The average volume per person in the Food market is expected to amount to 613.30kg in 2025.

Key regions: United States, Canada, China, India, South Korea

Definition:

The food market covers all edible products that are bought and consumed for nutrient-based purposes. The market includes both fresh and processed foods.

Structure:

The market consists of 13 different markets:

The Dairy products & Eggs market covers animal products, such as milk, eggs and products made from mammal’s milk and non-animal products, such as milk substitutes. This market is divided into six subsegments that include milk, milk substitutes, yogurt, cheese, eggs and other dairy products and eggs.
The Meat market covers animal products, such as pork, poultry, and free-from meat products, such as meat substitutes. This market is divided into three submarkets: fresh meat, processed meat, and meat substitutes.
The Fish & Seafood market covers products made from fish and seafood. This market is divided into three submarkets: fresh fish, fresh seafood, and processed fish & seafood.
Fruits & Nuts cover edible fruits and nuts. This market is divided into three submarkets: fresh fruits, processed & frozen fruits, and nuts.
The Vegetables market covers edible plants. This market is divided into two submarkets: fresh vegetables, processed & frozen vegetables.
The Bread & Cereal products market covers baked goods made from dough. Dough is made using flour, water, a leavening agent, and other optional ingredients. This market also covers products made from cereals that are usually used as part of a main meal. This market is divided into five submarkets: bread, pasta, rice, breakfast cereals and other cereal products.
The Oils and Fats market covers both edible oils and fats made from animals and plants. This market is divided into four submarkets: butter, margarine, edible oils, and other oils & fats.
The Sauces and Spices market covers additional ingredients used during the food preparation process and is divided into three submarkets: tomato ketchup, other sauces, and spices & culinary herbs.
The Convenience food market covers prepared food and meals that require little effort to prepare. This market is divided into two subsegments, soups and ready-to-eat meals.
The Spreads and Sweeteners market covers spreads and ingredients added to food or beverages to give it a sweet flavor. This market is divided into two subsegments, spreads and sweeteners.
The Confectionery & Snacks market covers sweet, savory, and salty food. This market is divided into two subsegments, confectionery and snacks.
The Baby food market covers food that is only meant to be consumed by babies and small children.
The Pet food market covers food that is intended for pet use only.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), and sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included. The out-of-home revenue data is only shown as a separate box at the market level.

For more information on the displayed data, click the info button on the right side of each box.

Market

Region

Region comparison

Currency

Analyst Opinion

The EU-27 Food Market is facing negligible growth due to various factors, including changing consumer preferences towards healthier options, increasing competition among sub-markets, and regulatory changes impacting production and distribution processes. However, the market is expected to grow as demand for convenience food and organic products rises, and as companies invest in innovative technologies to improve supply chain efficiency and sustainability.

Customer preferences: There has been a notable increase in demand for sustainable and ethically-sourced food products in the EU-27 market. Consumers are becoming more conscious of the environmental impact of their food choices and are seeking out products that align with their values. This trend is driven by a growing awareness of the negative effects of industrialized farming and a desire to support local and small-scale producers. As a result, there has been a rise in the popularity of farmers' markets and community-supported agriculture programs. Additionally, there is a growing interest in plant-based and vegetarian diets, as consumers look for healthier and more sustainable alternatives to traditional meat and dairy products.

Trends in the market: In the EU-27, The Food market is experiencing a rise in demand for sustainable and locally sourced products, driven by consumer awareness of the environmental impact of food production and transportation. This trend is expected to continue, as governments and industry stakeholders prioritize sustainability and support local farmers. Another trend is the increasing demand for plant-based and vegetarian/vegan options, as consumers become more health-conscious and seek alternatives to traditional meat and dairy products. These trends have significant implications for industry stakeholders, who must adapt their production and marketing strategies to meet consumer demands. Additionally, the adoption of digital technologies in the food industry, such as online ordering and delivery services, is expected to continue to grow, providing opportunities for businesses to reach a wider customer base and improve efficiency.

Local special circumstances: In EU-27, The Food market is influenced by a variety of unique local factors. One such factor is the diverse cultural landscape of the region, leading to a wide range of culinary preferences and food trends. Additionally, the regulatory framework in each country within the EU-27 can greatly impact the production, distribution, and consumption of food products. For example, France has strict regulations on food labeling and safety, while Italy is known for its high-quality and authentic food products. These factors contribute to the dynamic and constantly evolving nature of The Food market in EU-27, making it a highly attractive and competitive market for both local and international brands.

Underlying macroeconomic factors: The Food market market in the EU-27 is heavily influenced by macroeconomic factors such as trade policies, consumer spending patterns, and government regulations. As the EU-27 is a major player in global trade, shifts in global economic trends can significantly impact The Food market in the region. Additionally, the economic health of each individual country within the EU-27 can also affect the overall performance of The Food market. Government fiscal policies, such as taxes and subsidies, can also have a significant impact on market growth and profitability. Furthermore, consumer confidence and spending patterns can greatly influence the demand for food products, which in turn affects market performance. Therefore, it is crucial for companies operating in the EU-27 food market to closely monitor and adapt to these macroeconomic factors to stay competitive and successful in the market.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.